News with the tag "Deribit"

Major crypto exchange Coinbase has announced the strategic acquisition of crypto options exchange Deribit to “significantly advance” Coinbase’s derivatives business and provide spot, futures, and options under its umbrella. It’s said to be the biggest acquisition in crypto history. According to the ...

Get ready for a potentially interesting week in the crypto markets! A significant event is on the horizon that often captures the attention of traders and analysts alike: a major crypto options expiration . On May 9th, billions of dollars worth of Bitcoin options and hundreds of millions in Ethereum...

The cryptocurrency world is buzzing with news of a potential seismic shift. Reports indicate that Coinbase, one of the largest crypto exchanges globally, is making a massive move with the proposed Coinbase Deribit acquisition . This isn’t just another deal; it could fundamentally alter the competiti...

Around 26,000 Bitcoin options contracts will expire on Friday, May 9, and they have a notional value of roughly $2.57 billion. This week’s event is virtually identical to last week’s expiry event, as derivatives crypto trading has remained muted. This may change now, though, as spot markets are ripp...

One of the world’s largest cryptocurrency exchanges, Coinbase, announced on Thursday that it has agreed to acquire Dubai-based crypto derivatives exchange Deribit, for $2.9 billion, marking the largest deal in the crypto sector to date. Coinbase Expands Global Reach With Deribit The acquisition, ann...

Coinbase's (COIN) $2.9 billion acquisition of Deribit will be a tipping point for the company, pushing the U.S.-based exchange into direct competition with global heavyweights like Binance, Wall Street analysts wrote on Thursday. The massive deal is more than just a platform expansion; it's a paradi...

The cryptocurrency world is buzzing with significant Coinbase news following reports of a potential massive acquisition that could reshape the landscape of digital asset trading. According to a widely cited post by economic news account Walter Bloomberg on X, the leading U.S.-based crypto exchange, ...

Coinbase Global Inc. has announced its biggest acquisition so far. According to the Wall Street Journal’s report , the company will acquire Deribit, a cryptocurrency futures and options exchange, for $2.9 billion. This deal includes $700 million in cash and 11 million Coinbase Class A common stock s...

Coinbase announced on May 8 that it has agreed to acquire Deribit, the world’s leading crypto options exchange. The firm said the purchase totaled approximately $2.9 billion, with $700M in cash and 11 million Coinbase Class A common stock shares. Coinbase argued that integrating Deribit’s technology...

Coinbase has agreed to pay $2.9 billion to buy bitcoin (BTC) and ether (ETH) options platform Deribit, according to a press release , marking its official push into the highly profitable crypto derivatives market in the U.S. The crypto exchange, alongside competitor Kraken, had been in talks to buy ...